#101: Accounting for Amazon Ecommerce Sellers

Episode: 101

Title: Norman Farrar Introduces Lil Roberts, a Serial Entrepreneur and Founder and CEO of Xendoo.

Subtitle: “Don’t Do Things That You Don’t Have To Do.” 

Final Show Link: https://lunchwithnorm.com/episodes/episode-101-accounting-for-amazon-ecommerce-sellers-w-lil-roberts/

In this episode of Lunch With Norm…, Norman Farrar introduces  Lil Roberts, a Serial Entrepreneur and Founder and CEO of Xendoo. 

Lil is a serial entrepreneur with a passion for people, animals and business. In this episode, she dives deep into accounting for Amazon & eCommerce Sellers.

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In this episode, we discuss:

• 4:38 : eCommerce Accounting
• 6:01 : Tips On How To Be Organized in Accounting
• 8:47 : Importance Of An LLC Report
• 14:53 : The Importance of Syncing Bookkeeping And Accounting
• 19:26 : What is Proper Bookkeeping and Accounting?
• 25:18 : Four Things Sellers Need To Know
• 26:23 : The Difference Between eCommerce and Traditional Accounting
• 29:51 : How Much Should You Pay Yourself?
• 36:58 : Keeping Your Personal and Business Credit Card Separate
• 49:59 : Tax Returns Due
• 54:05 : Lil’s Q& A 

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Explore these Resources

In this episode, we mentioned the following resources:

• https://www.linkedin.com/in/lillianroberts/
• https://www.linkedin.com/company/xendoo-inc/
• https://www.xendoo.com/
• support@xendoo.com
• info@xendoo.com
• https://www.facebook.com/xendoo/
• https://twitter.com/Xendoo
• https://www.instagram.com/xendooaccounting/
• QuickBooks 
• Xero
• Chase
• Know Your Numbers – Course by Tim Jordan
• Fiverr
• Upwork 
• Mercury Bank
• Brex 
• TaxJar

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